Daimler's Dr. Z Hands Over Reins With Need for Deep Savings
- ‘Everything under scrutiny,’ CEO Zetsche tells shareholders
- Carmaker facing shift toward electric cars, digital services
Mercedes-Benz E-Class automobiles move along the production line at the Daimler AG automobile plant in Moscow.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
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Bidding farewell to the company he led for more than a decade, Daimler AG Chief Executive Officer Dieter Zetsche urged sweeping cost cuts to prepare the carmaker for unprecedented industry upheaval.